Diversity and inclusion research shows that understanding local cultures is key to creating inclusive workforces globally. But how can companies actually do it?

John Strangfeld, chairman and CEO of Prudential Financial, accepts the award for Top Company for Community Development.

For companies to have the competitive edge, recruiting and retaining the best talent is the clearest path to business success, said a panel of chief diversity officers during DiversityInc’s learning event in Washington, D.C.